Melbourne woman claims she thought her partner had won $10.4 million in bungled Crypto refund

Author: Yuvi September 27, 2022

Thilagavathy Gangadory - the sister of Thevamanogari Manivel - allegedly bought this home off the back of a massive Crypto.com mistake


A woman who allegedly bought a dream home on the back of a $10.4million Crypto-transfer bungle believed her partner had won it, a court has heard.

The error happened when Crypto.com intended to give Thevamanogari Manivel a $100 refund in May 2021, but mistakenly entered an account number in the field of the bank transfer that was meant to be the dollar amount.

On Tuesday, the Melbourne Magistrates’ Court heard Manivel claimed she was duped by her co-accused.

Thilagavathy Gangadory – the sister of Thevamanogari Manivel – allegedly bought this home off the back of a massive Crypto.com mistake

The dream home was surrounded by weeds and appeared abandoned earlier this month

The dream home was surrounded by weeds and appeared abandoned earlier this month

Crypto.com mistakenly transferred almost $10.4million to a Melbourne woman

Crypto.com mistakenly transferred almost $10.4million to a Melbourne woman

Manivel’s barrister, Jessica Willard, told the court her client did not know the money might have been stolen.

‘The whole issue in relation to Ms Manivel is the dishonesty element – whether she knew that the money was stolen or not,’ she said.

The court heard upon her arrest, Manivel told police her co-accused had ‘won the money’.

‘That’s also what he says in his record of interview,’ Ms Manivel said.

The $10,474,143 mistake was only discovered in a company audit just before last Christmas; seven months after the transfer.

But representatives from the Commonwealth Bank claim the couple had been well informed that the money had been transferred by mistake.

Ms Willard will grill a CBA representative next month when the matter returns to court about how its investigation was carried out.

‘They say that there was contact along the way to alert her about the funds. CBA is really the crucial witness in regards to Ms Manivel,’ she said.

Prosecutor Vanessa Kambouropoulos told the court the bank had kept a record of its correspondence with the accused.

Dressed in blue prison, Manivel appeared in court via video link from Dame Phyllis Frost Centre.

The view earlier this month outside the million-dollar property Crypto bought

The view earlier this month outside the million-dollar property Crypto bought

Crypto.com has also launched legal action against Manivel and her sister Thilagavathy Gangadory in an effort to get its money back.

When Crypto.com claims it tried to get its money back, $1.35million had already been spent on the luxury house and the rest had been moved to other accounts.

Littered with long, ugly weeds, the ‘Crypto house’ showed the telltale signs of neglect earlier this month when visited by Daily Mail Australia.

Crypto currency had been ending a rapid decline during the month of May last year when the error happened.

The Craigieburn home, which has four bathrooms, a home gym and cinema, was bought on February 3, the Herald Sun reported at the time.

Four days later, Crypto.com made freezing orders against Manivel’s bank account, but court documents show $10.1m had already been moved to a different joint account and $430,000 had been transferred to her daughter, Raveena Vijian.

The house registration was then transferred to the Malaysia-based Ms Gangadory before Crypto.com was able to take out freezing orders against her in March.

The company later took legal action in the Supreme Court seeking to get back the cost of the house plus 10 per cent interest.

Weeds take root in the home bought by proceeds from a crypto bungle

Weeds take root in the home bought by proceeds from a crypto bungle

A child's ride-on toy lays abandoned among the weeds of the home Crypto bought

A child’s ride-on toy lays abandoned among the weeds of the home Crypto bought

Farming Bitcoins not weeds: The Craigieburn home could use a gardener

Farming Bitcoins not weeds: The Craigieburn home could use a gardener

The action was successful by default as neither Ms Gangadory nor her legal representatives attended the court or lodged a defense.

Justice James Dudley Elliott ordering Ms Gangadory pay Crypto.com $1.35million, interest of $27,369 and costs, and that the Craigieburn house be sold.

‘It is established that the Craigieburn property was acquired with funds traceable to the wrongful payment and would never have been in Gangadory’s hands if the wrongful payment had not been made,” Mr Elliott said as he handed down his judgment.

‘Thus, Gangadory was unjustly enriched by receiving the purchase price of the Craigieburn property out of the wrongful payment.

‘Accordingly, I was satisfied that the orders relating to the sale of the Craigieburn property were appropriate.’

Thevamanogari Manivel reportedly bought a luxury house (pictured) in the Melbourne suburb of Craigieburn after mistakenly receiving a bank transfer of $10,474,143

Thevamanogari Manivel reportedly bought a luxury house (pictured) in the Melbourne suburb of Craigieburn after mistakenly receiving a bank transfer of $10,474,143

The Victorian Supreme Court’s commercial division heard the case in May, but Justice Elliott’s judgment was only made available last month.

Because Ms Gangadory was not represented in court, Justice Elliott wrote that ‘references to the facts of this case based on such uncontested evidence are necessarily open to challenge if Gangadory ever seeks to set aside the default judgment’.

The judge added that she ‘has not responded to any of the correspondence fromCrypto.com’s) solicitors’ and that ‘the effect of not filing an appearance is that taken in the statement of claim are to be admitted’.

Separate orders have reportedly been made regarding the rest of the money transferred to Ms Manivel.

Crypto.com’s lawyers, Cornwalls Law, told Daily Mail Australia that as the matter is before the courts, it was unable to comment.

27 September, 2022, 8:04 am

News Cinema on twitter News Cinema on facebook

Tuesday, 27th September 2022

More Stories
Irish Rail worker who is paid £105,000 a year to ‘read the paper’ takes employers to court
Epstein Estate Agrees to Pay More Than $105 Million to US Virgin Islands
Mark Zuckerberg defends the company’s push into the metaverse, where he appeared with a bout of hiccups.
Former Adam Levine yoga instructor says 1992 attack ‘eerily similar’ to University of Idaho slayings
Biden Promises Protections for Nevada’s Spirit Mountain
Fyre Festival fraudster Billy McFarland launches new virtual PYRT festival
Andy Jassy says Amazon will allow the antisemitic film that Kyrie Irving tweeted to remain on sale for now.
Scooter Driver Who Struck and Killed Actress Gets Up to 3 Years
Pamela Rosenkranz Wins the High Line Plinth’s Third Commission
Royal Family news LIVE: William and Kate land in Boston for a three-day visit to the US
Powell says that rates will rise more and remain high ‘for some time.’
San Francisco Considers Allowing Use of Deadly Robots by Police
Life Science, Spacewalk Preps as Station Orbits Higher
NATO Nations Grow More Receptive to US Pleas to Confront China
Prince William and Kate Middleton land in Boston for US trip amid royal race row
New York Police Name a Chief Who Has Faced Internal Discipline
South Africa’s President, Cyril Ramaphosa, Faces Impeachment Hearing
Mother sparks furious debate after waxing her 10-year-old daughter’s face
Outcome in Oath Keepers Trial Could Hold Lessons for Coming Jan. 6 Cases
Elon Musk’s Neuralink to share progress of its brain chip tonight
Sam Brinton: Biden’s nuclear waste guru spoke at a spanking seminar weeks after bag theft
Could Theatrical Movies Shut Out Streamers for the Top Oscars?
17 Public Employees Charged in Schemes to Steal Covid Relief Funds
Deaths From Substance Abuse Rise Sharply Among Older Americans in 2020
White House ‘deeply concerned’ about Paul Whelan
‘Philadelphia is a war zone’: thug strolls up to parking official and shoots him in the head
Indian-origin doc slams ‘racist joke’ at British Curry Awards
Argentina’s World Cup Hangs in the Balance Against Poland
China completes world’s largest solar telescope array with 1.9-mile-wide ring of 313 dishes
Bigg Boss 16 Day 60 Updates: Housemates call Nimrit unfair for favoring Shiv and Soundarya in ranking task
FIFA World Cup 2022: Defending champion France lost to Tunisia
Mariah Carey offers fans opportunity to stay in her apartment BUT the star won’t even be there
House PASSES bill to stop a rail strike on December 9 after Biden asked Congress to step in
In Georgia, Walker’s Pace in the Finish Worries Republican Allies
Hiroshi Miyamura, Given Medal of Honor in Korean War, Dies at 97
Cops kill Illinois man and his grandpa while trying to stop younger man from stabbing his relative
A Resonant Topic in Georgia’s Senate Runoff: Insulin Prices
Spotify Wrapped drops but Apple Music Replay fans have it trending
The five ‘saboteurs’ trying to derail Kevin McCarthy’s Speaker bid: GOP leader’s allies push back
Biden gives 11 tribes $135M to move coastal buildings to higher ground due to climate change
FIFA World Cup 2022: Lionel Messi’s Argentina qualification scenario ahead of must-win clash vs Poland
MDMA could be approved for PTSD in the US by 2024